Passes the 50 mark. Earnings, earnings, earnings. Cisco shares down sitely despite beating despite beating the street. Company plans to lay off 7 of the work force. Well talk to Chuck Robbins. Walmart shares up after beating the streets estimates and boosting its outlook. Whats ahead for the company now that jet. Com is going to be in the mix. And a strange story coming out of brazil as two olympic swimmers are pulled off a plane while drive trying to leave that country. Live to rio for the latest on the lochte controversy. First up, walmart poised to open at a 52week high after reporting Second Quarter operating profit of 1. 7, nickel above, revenue above consensus. U. S. Comps positive for a eighth straight quarter up 1. 6 and raising their full year guidance. Traffic was up and i believe its best in eight quarters traffic, comps up 1. 6. Best in eight. Some of these initiatives are starting to bear some fruit. I was going to add the ecommerce sales to that because that was a bright
After words is next on book tv. Alberto gonzales discusses his time as attorney general and counsel to the president during the george w. Bush administration. His new book is called true faith and allegiance, the story of service and sacrifice in war and peace and he is interviewed by Brent Kendall of the wall street journal. Alberto gonzales, Current Law School dean, former attorney general and advisor to george w. Bush. Texas Court Supreme Court Justice and author of a new book , mm moore recounting his life both in texas and working for governor bush. He spent time here in washington, welcome. Thank you, its good to be here. Lets start with why the book, why now, what motivated you to write it . I know several of your colleagues have written books about their time there. What prompted the books . Its something ive been working on for many years. Obviously there were several distractions that i met in the interim but coming up on the 15th anniversary would be a nice worker to hit. I
Address . A few years ago what i was doing some work i heard about. [inaudible] with small business. Certainly i came out of that learning that. [inaudible] you need to protect yourself can you talk about that expect at all. So i wanna make sure i understand your question. You agreed First Service at a certain price and perhaps even though you have a contract there different understanding of what you do. You talk about contract thats a good start, if you you dont have anything in writing, youre in trouble. Typically. Really, you always want to have, if possible Reputable Company or group that is helping as the middle sort of person in your transaction. Slightly different from what youre talking about but i think it relates is that we had a professor and it was actually in texas where she decided when she was taken a group to egypt that she wanted to have arrangements made herself into it herself. You really never want to do that because she took a group to egypt which was fine, but whi
40. Bove says itubishi president is a shameful issue, the falsification of emissions data. ,ollow me on twitter rishaadtv include trendingbusiness. Big selloff in china on wednesday. We are looking at the boards. We are seeing gains on those markets opening up. Taiwan up, coming back. Singapore up to tens of 1 , a pretty flat day in malaysia. Driving the nikkei 225 the region higher. Holding on toex those four month highs. Holding on to those sevenweek highs. Is up for tens of 1 , and the oil price helping out austria market, new zealand weaker. We will have chinas open at the bottom of the hour after that big selloff yesterday. The shanghai composite recovered after beinglosses down by almost 4 . Good gains from the basic material players and oil and gas up by a 10th of 1 . Consumer goods looking strong. We are monitoring mitsubishi. It is expected to fall by the daily limit when it starts trading. Weve had numbers coming through from australias thirdlargest sydney, now has a positive
Im anna edwards in london. Manus a very good day. Im manus cranny in dubai. They are going to guide lower for this year. They are adjusting their forecast. It will be at least 1. 4 billion. The original guidance we have been expecting of 1. 4 to 1. 6. So this is a 1. 9 new guidance. 1. 4 billion. It is in a state of, well, i suppose change, challenge in the Second Quarter. The earnings came in at 326 Million Euros. They have beaten the Second Quarter adjusted number. They are cutting the fullyear forecast. That is the critical message here. Secondquarter sales also missed 9. 8 5 million euro. Anna, it slides to 61 million. Sorry, that is 61 million versus 38 million last year. It is an adjustment number which is the most critical issue. Another redhot headline is ing. We will talk to the cfo of a group later on. Ing at 1. 26 billion. The cfo of thyssenkrupp will join us. They will accelerate their think forward strategy. Ing is very much in focus. Anna absolutely. The company is tellin